Trade Coast & Gateway Corridor
The Australia Trade Coast (ATC) is strategically located at the mouth of the Brisbane River, surrounded by Queensland's primary trade and industry gateways, the Brisbane Airport and the Port of Brisbane. The ATC is a major economic and employment driver of national significance, and was formed as a result of a strategic collaboration between Brisbane Airport Corporation, the Port of Brisbane Corporation, and the State and Local Governments.
The area hosts a range of activities from large-scale logistics operations at the Brisbane Airport and the Port of Brisbane, to heavy industrial manufacturing, and many small owner operator business operations. Property types vary widely throughout the precinct, ranging from vintage buildings still in use from the Second World War, to the latest in large-scale environmentally friendly office warehouses with areas under roof exceeding 30,000sqm.
Market values and leasing rates of completed buildings stood up well during the Global Financial Crisis although interest in greenfield development sites became subdued. Recently the current shortage of industrial sites close to major infrastructure and motorways has led to a rise in interest in industrial land in the area. Developers have reappeared on the scene, with a 3,300sqm speculative building leasing prior to completion. The Trade Coast area has the largest supply of future industrial land in Brisbane, with 1,892 hectares allocated for development over the coming years, with the Brisbane City Council allocating a specific location to accommodate ‘High Impact’ industry.
The ATC is a trade and industry precinct undergoing major development on a scale not yet seen anywhere else in Australia. Projects include the recently developed TradeCoast Central – a joint venture between Brisbane City Council and a private developer to sub-divide 110 hectares of land on the former Brisbane Airport site adjacent to the Gateway Arterial Motorway, into a fully integrated corporate office park and industrial community, the Lytton Industrial Estate, developed by the Queensland Government, offers fully-serviced freehold land (ranging from 4,000sqm - 45ha) with easy access to the Port of Brisbane and the Gateway Arterial Motorway. This continues to receive a high-level of enquiry from owner occupiers and investors alike.
The effects of the completed second Gateway bridge and the accompanying highway connections to Kingsford Smith Drive and Brisbane Airport continue to benefit the location. Widening of Kingsford Smith Drive and the planned construction of a second runway at the Brisbane Airport is expected to also have long-term positive spinoff effects on the entire Trade Coast area, further positioning it as one of the most significant industrial locations in Australia.